Representation for RIA Formation and Compliance
The attorneys at Lewitas Hyman understand that registered investment advisors (RIAs) face many challenges. Among other obligations, as an RIA, you are required to have compliance programs designed to prevent violations of the Investment Advisers Act of 1940 (Advisers Act) and other rules and regulations, prepare and file special reports with the Securities and Exchange Commission (SEC), provide clients with written disclosure statements, and create/enforce a code of ethics governing employees.
As attorneys who have worked for some of the largest financial institutions as well as the SEC, we have extensive experience with not only the Advisers Act, but also the rules and provisions specific to RIAs.
Our attorneys have helped RIAs deal with everything from formation to complex litigation and regulatory and compliance issues. We have extensive experience in:
- Preparing and filing investment advisory and securities industry registrations on both state and federal levels, including Forms U4 and U5 and the Form ADV.
- Developing compliance policies and procedures.
- Drafting and reviewing client-facing advisory agreements.
- Drafting and reviewing employment contracts, non-compete and non-solicitation agreements.
- Advising on compliance examinations, investigations and enforcement actions initiated by the SEC, state regulatory agencies and other self-regulatory organizations.
With the changes in the securities industry, RIAs are becoming more popular. However, RIAs are strictly regulated not only by the SEC, but also by state securities regulators. Our attorneys have helped RIA clients better understand the constantly shifting regulatory landscape impacting RIA regulatory compliance.